Italy’s Saipem wins contracts worth $850M with one to open Turkish gas field and one to decommission UK field
Saipem, the Italian LNG and energy subsea projects developer, has been awarded two contracts worth $850 million, one to open up a Turkish natural gas field in the Black Sea and a second to decommission energy activities in the UK North Sea.
UK major BP pledges to be oil, gas and LNG player for decades after fears it had caved in to extremists
The Chief Executive of BP said the UK major would continue producing hydrocarbons in the form of oil and natural gas for pipelines and LNG for many decades to come and would benefit from rising oil prices, reducing investor concerns over the past two years that BP was pandering to environmental extremists who had attacked its London headquarters.
Delek Group of Israel is bidding to take over UK North Sea oil and gas assets from Chevron
Delek Group of Israel, the company with stakes in the giant Leviathan field in the Eastern Mediterranean set to come on stream in 2020, said it was one of the bidders for UK North Sea oil and natural gas assets being sold by Chevron Corp. of the US.
